$266,987Average Value$123Average Price per Sq Ft21Homes For Sale
Reservoir, a green suburb
Homebuyers don’t just choose Reservoir for its suburban feel and proximity to Downtown Little Rock. “Homebuyers are drawn to Reservoir’s affordable price range and convenient access to restaurants and thoroughfares,” says Marva Caldwell, an associate real estate broker with Coldwell Banker RPM Group who has sold homes in Little Rock for 26 years. The community is primarily made up of single-family homes and townhouses built between the 1960s and 80s. The area offers an abundance of greenspaces that allow residents to spend time hiking the woods or pursuing athletic interests.
The Reservoir neighborhood includes tightly constructed houses along the hills and trees.
Grassy Flat Creek adds to the natural beauty found in the Reservoir neighborhood.
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Single-family homes and townhouses
“Since Reservoir is more in midtown, the prices are better than the West Little Rock area,” Caldwell says. Homebuyers can purchase two-bedroom brick 1970s townhouses for between $180,000 and $290,000. Three-bedroom townhouses sell for between $330,000 and $450,000. Assessors value the area’s 1970s and 80s ranch-style houses for between $190,000 and $320,000. Homebuyers can choose from homes with traditional or Tudor features. Early 2000s Colonial Revival and New Traditional-style houses sell for between $390,000 and $650,000. Many of the neighborhoods have HOAs. Multiple houses were damaged by an EF-3 tornado in the spring of 2023 and have since undergone repairs.
Large trees shade many homes in the Reservoir neighborhood.
An updated ranch style home had great curb appeal in Reservoir.
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Public schools in and around Reservoir
Children often begin their educations at McDermott Elementary, which has a 16-to-1 student-teacher ratio and a C Niche rating. Kids move on to J.A. Fair K8 Preparatory School, about 8 miles south of the neighborhood. Teens often move on to the C Niche-rated Hall STEAM Magnet High School, which offers academies specializing in biomedical science and engineering.
McDermott Elementary School, located in the Reservoir area, is the home of the Mustangs.
Hall STEAM Magnet is one of only 3 Arkansas schools admitted to National Cum Laude Society.
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Greenspaces ideal for athletics
Residents once visited the 58-acre Reservoir Park to play disc golf, tennis, basketball and softball. But in the spring of 2023, an EF-3 tornado badly damaged the space, which has been closed ever since. The park, surrounding Jackson Reservoir, had miles of wooded hiking trails, a playground, a pavilion, open fields and restrooms. Access to the reservoir is prohibited. City officials say it will cost at least $1 million to restore the space. The neighborhood of Echo Valley has a private park that includes tennis courts and a swimming pool. The neighborhood of Colony West also has a private park, including a swimming pool and a playground.
The reservoir at the heart of Reservoir serves as a water source for Little Rock.
Private parks include amenities like pools and tennis courts throughout Reservoir.
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Local dining, chain dining and retail in Reservoir
Residents enjoy vegan dishes at the Curry House Indian Kitchen in the Galleria Shopping Center. The center also includes options like Arby’s and Taco Bell. Many residents start their days with caffeinated beverages at 7 Brew. Trio’s prides itself on fresh ingredients and creative New American cuisine. The community has multiple retailers, including T.J. Maxx, Sherwin-Williams and the Dollar Tree. Local artists buy leatherworking supplies at Tandy Leather. Folks buy yesterday’s goods at the Antique & Vintage Gallery on North Rodney Parham Road, and just down the street, folks pick up prescriptions at the Drug Emporium. Shoppers check items off their grocery lists at Grocers on North Rodney Parham Road.
Trio's Tuna Poke bowl is a refreshing example of the modern cuisine found in the Reservoir.
Reservoir residents enjoy authentic Indian cuisine at Curry House.
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Activities and entertainment in Little Rock
Residents knock over pins and play arcade games at Professor Bowl on Towne Oaks Drive. Within 9 miles, Downtown Little Rock and East Little Rock present a plethora of activities and entertainment options. Folks can see artifacts from the 42nd presidency at the William J. Clinton Library and Museum. The Arkansas Museum of Fine Arts has works by famous artists like Rembrandt and Picasso. The Mosaic Templars Cultural Center educates visitors on Black history. Music fans travel 7 ½ miles to watch performers like John Mellencamp at the Robinson Center. Folks travel 8 miles southwest of Reservoir for the Arkansas State Fair. Downtown Little Rock holds multiple events yearly, including the Cornbread Festival and a Mardi Gras-themed festival called SoMardi Gras.
The Reservoir area neighborhood is only 10 minutes away from Downtown Little Rock.
Take a stroll across the Two Rivers Park bridge which is only 5 minutes from the Reservoir area.
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Getting around Little Rock and beyond
The Rock Region METRO operates bus stops along North Rodney Parham Road. Most of the residential streets are not lined with sidewalks, but residents still enjoy walks in the evenings. Residents walk 11 ½ miles east to Bill and Hillary Clinton National Airport via Interstate 630. Downtown Little Rock is 6 miles southeast of Reservoir via North Rodney Parham Road and Interstate 630.
The Rock Metro buses run regularly up and down Rodney Parnham Road in Reservoir.
Rodney Parnham Road is a major dining and retail corridor that borders Reservoir.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Caroline McGowan,
an experienced agent in this neighborhood.
Parks in this Area
Meriwether Park
Walnut Valley Park
Picnic Area
Pool
Tennis
Two Rivers Park
Reservoir Park
Butler Park
Baseball/Softball
Basketball
Picnic Area
Transit
Airport
Bill and Hillary Clinton Ntl/Adams Field
20 min drive
Bus
Rodney Parham Rd & Reservoir Rd
Bus
10102 N Rodney Parham Rd
Bus
Rodney Parham & Reservoir Ar Dept Rev
Bus
Rodney Parham Rd & Brookside Dr
Bus
9720 N Rodney Parham Rd
Reviews
Niche Reviews
3.210 Reviews
3.0Niche User
3/24/2015Niche Review
Some people are fit, some people aren't.
3.0Niche User
3/24/2015Niche Review
You have to think about the fact that you are in Tornado Ally here. While they don't always hit right here in the city they hit fairly frequently in the outskirts of Little Rock and throughout the state. I'd definitely recommend having a weather alarm and a "safe place" to go during the spring storm season especially.
3.0Niche User
3/24/2015Niche Review
There are really nice neighborhoods butted up next to trashy ones.
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Crime and Safety
1 - Low Crime, 10 - High Crime
Reservoir
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
4
4
Burglary
7
4
Motor Vehicle Theft
5
4
Larceny
7
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Reservoir, Little Rock sell after 33 days on the market compared to the national average of 47 days. The average sale price for homes in Reservoir, Little Rock over the last 12 months is $242,192, up 5% from the average home sale price over the previous 12 months.
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Welcome to this ideally located condo! The lower level features a spacious bedroom w/an adjoining full bath. The kitchen is truly the heart of the home, boasting beautiful granite countertops & sleek stainless steel appliances. It’s the perfect space for preparing meals, whether for yourself or while entertaining guests. The living area is equally inviting, with a cozy fireplace adding a touch
Incredibly quaint in Cambridge Place offered for an incredible new price! Don't miss a fantastic opportunity to make this precious condominium your own. Brand new engineered hardwood floors just installed throughout the lower level. Entry opens to a pretty stairwell and high ceilings. Option for living/dining combo. Gorgeous stone fireplace could be used as dining or a second living space,
Residential lot situated within the Sturbridge subdivision on a cul-de-sac. This spacious residential lot offers a fantastic opportunity to build your dream home. Utilities already on site streamlining the building process, making your vision a reality. Conveniently located to shopping, restaurants and medical facilities. Enjoy the neighborhood park including a pool, playground, picnic area,
Wonderful Lot to build your dream home. Previous home burned so lot was cleared, old foundation remains. Utilities were all previously there, so at the street for future build.
Welcome to 4 Big Stone Court, a charming Tudor-style home nestled in the quiet Fawnwood Subdivision of Little Rock. This spacious 4-bedroom, 2.5-bathroom home offers approximately 2,983 sq. ft. of living space with a functional layout, two living areas, and recent updates, including fresh interior paint. The kitchen features granite countertops, and the primary suite provides ample space and
Rising above the ordinary is easy at Beacon Hill Apartments. Sitting atop 8 acres of rolling land, our 1 and 2 bedroom apartments seamlessly blend comfort, style, and accessibility. Each home is curated to support the well-being of residents, which is why our four layout options are named Serenity, Retreat, Harmony, and Oasis. We understand that your home is your sanctuary.Located in the Little
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Interested in learning more about homes in this area?
Reach out to
Caroline McGowan,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has Equal Renters and Owners
Demographics
Total Population
6,767
Median Age
39
Population Density
7 ppl/acre
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
21.6%
On par with the national average
19.1%
Finances
Median Household Income
$53,719
Significantly below the national average
$71,702
Average Household Income
$80,549
Education and Workforce
High School Graduates
93.3%
On par with the national average
89.1%
College Graduates
39.6%
Above the national average
34.1%
Advanced Degrees
13.7%
% Population in Labor Force
64.3%
Weather
Annual Precipitation
52''
Average Winter Low Temperature
33°F
Average Summer High Temperature
91°F
Annual Snowfall
10''
Area Factors
Somewhat Bikeable
Bike Score®
13/ 100
Car-Dependent
Walk Score®
12/ 100
Minimal Transit
Transit Score®
23/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
